China’s Huawei has confirmed that sales rose nearly a third in 2016 buoyed by double-digit growth across its carrier, enterprise and handset businesses.

But after several years of equally impressive growth in profits, Huawei’s bottom line hit the buffers in a sign that conditions are getting much tougher for the world’s biggest maker of network equipment.

Source: Huawei’s Sales Soar but Profit Growth Grinds to a Halt | Light Reading

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